Aradel
Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.The company has interests in oil and gas, power, and renewable assets and operates in the upstream, midstream and downstream. The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity
Aradel-backed consortium gets approval for $2.4 billion Shell deal
1 天前· Recently, Aradel acquired a 5.14 percent stake in Chappal Energies Mauritius Limited, further consolidating its position in Nigeria''s energy sector. The company''s market capitalization recently surged to N3.17 trillion ($2 billion) following the listing of 4.34 billion shares at a price of N702.69 ($0.43) per share.
Aradel acquires NNPC, TotalEnergies'' oil fields for $19.5m
Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited (NNPC) for $19.5 million.
ARADEL HOLDINGS PLC PROPOSES ₦8 INTERIM DIVIDEND PER
Lagos, Nigeria – 30 October 2024: Aradel Holdings Plc ("Aradel", "Aradel Holdings", or "the Group"), Nigeria''s leading integrated indigenous energy Company, listed on the NGX, announces an interim dividend of ₦8.00 per ordinary share (subject to appropriate WHT) to be paid to shareholders whose names appear in the Register of members as at the close of business on
Aradel Holdings Plc. Participates In The Nigerian Exchange Limited
Lagos, Nigeria – 26 September 2023 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company" or "the Group"), Nigeria''s foremost integrated indigenous energy Company, (with its shares traded on the NASD OTC Exchange and its bonds listed on the FMDQ Exchange, was at the London Stock Exchange as one of a few companies participating in the
Our Business
Aradel Energy. A wholly owned subsidiary established to explore and harness opportunities in the energy industry, underscoring Aradel Holdings'' commitment to attaining energy independence in Nigeria. It is the operator of Ogbele and Omerelu marginal fields (onshore), as well as OPL 227 (shallow water).
Aradel Holdings Plc, Reports Revenues of ₦377.6 Billion as at Nine
Aradel Holdings Plc, Reports Revenues of ₦377.6 Billion as at Nine (9) Months 2024, Up 206.9%; Declares ₦8.00 Per Share Interim Dividend, Up 433.3% Nigeria''s leading integrated indigenous energy Company, announces its unaudited Nine (9) months results for the period ended 30 September 2024. The Chief ARADEL HOLDINGS PLC ACQUIRES
Aradel Holdings to list on Nigeria''s stock exchange
LAGOS, October 16, 2024 – Nigerian integrated energy company Aradel Holdings will list 4.34 billion shares on the Nigerian Exchange Limited, the company announced on Monday. The company received regulatory approval to list its ordinary shares through listing by way of introduction, allowing the company''s current shareholders to publicly list and sell their stocks.
Our Story
Aradel Holdings Plc is a fully integrated energy Group, with interests in multiple oil and gas assets, and its business spanning the upstream, midstream and downstream value chain of the oil and gas industry. We take a long-term view to energy provision and the global energy transition. With a solid footing in the delivery of gas, the
Aradel Holdings Plc Wins NGX Award for 2024 Listing of the Year
Aradel''s listing on the Main Board of the Stock Exchange, which took place on the 14th of October 2024, was a major step towards achieving its vision of providing energy solutions that foster economic growth.
ARADEL : ARADEL PRESS RELEASE
1 天前· Aradel Energy Limited (100%), a wholly owned subsidiary of Aradel Holdings, as well as the Operator of the Ogbele (PML 14), Omerelu (PPL 247), Olo and Olo West Marginal Fields. Established to explore and harness opportunities in the energy industry. Aradel Gas Limited (100%), the only Nigerian independent Non-JV Gas Supplier to Bonny LNG
ARADEL HOLDINGS PLC PROPOSES ₦8 INTERIM DIVIDEND
Aradel Holdings Plc ("Aradel Holdings" or "the Company") is Nigeria''s foremost integrated independent energy company, delivering critical energy solutions in a sustainable and responsible way. Aradel Holdings was incorporated on March 25, 1992 (as the Midas Drilling Fund), changed its name to Niger Delta Exploration and Production Plc in
Aradel Seals Acquisition Of TotalEnergies and NNPC Oilfield Assets
Aradel Holdings Plc, through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100% interest in the Olo and Olo West Marginal Fields from TotalEnergies EP Nigeria and NNPC Limited ("the Acquisition"). The Olo and Olo West Fields were formerly part of OML 58.
Fully Integrated Energy Company with Significant Growth
ARADEL ENERGY Holdings Factsheet ARADEL GAS RD EL RF IN S ARADEL INVESTMENTS completed of a 2022/2023 four-well drilling campaign of continuous production 74.5 18years Revenue Western Limited) in OML 34. The first 1,000bbls/day AGO topping plant was commissioned in 2010. As of today, the 3-train 11,000bbls/d modular refinery produces
ARADEL HOLDINGS PLC ACQUIRES STAKE IN SHELL
Aradel Holdings Plc ("Aradel Holdings", or "the Company"), Nigeria''s leading integrated indigenous energy Company, listed on the NASD Exchange and the FMDQ, is pleased to announce its acquisition through
Aradel Holdings Debuts on Nigerian Exchange Limited
Aradel Holdings Debuts on Nigerian Exchange Limited. Aradel Holdings Plc, a prominent integrated energy company in Nigeria, has officially listed its ordinary shares on the Main Board of the Nigerian Exchange Limited (NGX) through a Listing by Introduction, effective Monday, October 14, 2024. This is not just a milestone for Aradel, but a
Aradel Holdings to list on Nigeria''s stock exchange
LAGOS, October 16, 2024 – Nigerian integrated energy company Aradel Holdings will list 4.34 billion shares on the Nigerian Exchange Limited, the company announced on Monday. The company received regulatory approval
Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1
PRESS RELEASE. Regulated Information . Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1 2024, up 442.3% Lagos, Nigeria – 16 May 2024 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company" or "the Group"), Nigeria''s leading integrated indigenous energy Company, announces its unaudited results for the period ended
Aradel Holdings Plc Receives Best Fully Integrated Energy
At the 7th edition of the Nigerian International Energy Summit (NIES 2024) energy industry awards, Aradel Holdings Plc won the Best Fully Integrated Energy Company of the Year Award. Aradel Holdings Plc Set for Listing by Introduction on Nigerian Exchange Limited October 14, 2024;
Aradel acquires NNPC, TotalEnergies'' oil fields for
Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from
NDEP Plc transitions fully into Aradel Holdings
Aradel is also a significant equity holder in ND Western – a consortium of four companies that jointly acquired the 45 per cent participating interest in OML 34 belonging to SPDC, TOTAL, and NAOC, respectively, in
ARADEL HOLDINGS PLC ACQUIRES STAKE IN SHELL PETROLEUM
Aradel Holdings Plc ("Aradel Holdings", or "the Company"), Nigeria''s leading integrated indigenous energy Company, listed on the NASD Exchange and the FMDQ, is pleased to announce its acquisition through Aradel Energy Limited ("Aradel") of an equity interest in Shell Petroleum Development Company (SPDC) Limited, Nigeria.
Aradel Energy Ltd Acquires TotalEnergies, NNPCL Marginal Field
Yemisi Izuora. Aradel Energy Limited, has stepped up asset purchases to boost its production portfolio in Nigeria''s marginal field space. Aradel Holdings Plc was excited to announce that its subsidiary, Aradel Energy Limited, has inked a sale and purchase agreement to acquire the 100 per cent interest in the Olo and Olo West marginal fields from TotalEnergies
ARADEL HOLDINGS PLC ACQUIRES MINORITY EQUITY STAKE
ARADEL HOLDINGS PLC ACQUIRES MINORITY EQUITY STAKE IN CHAPPAL ENERGIES MAURITIUS LIMITED Aradel Holdings Plc ("Aradel" or the Company) has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited ("Chappal"). Chappal is an energy company focusing on investments in deep value and
Our Operations
As an integrated Energy Company, we offer a comprehensive portfolio of energy solutions, delivering reliable and sustainable fuel sources while driving innovation across the entire value chain. (AMT) made up of personnel from both NNPC and ND Western Limited in which Aradel is a significant Shareholder. OML 34 is located in the Western
6 FAQs about [Aradel energy limited Barbados]
Why is aradel a publicly owned oil company?
The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity to invest in and benefit from the nation’s oil and gas sector. Aradel is divided into four businesses:
What subsidiaries does aradel holdings have?
Under the umbrella of Aradel Holdings, are the following subsidiaries: Aradel Energy Limited, Aradel Gas Limited, and Aradel Investments Limited (formerly known as Niger Delta Petroleum Resources Limited, ND Gas Development Company Limited, and NDEP Investments Limited, respectively).
Is Aradel a resilient company?
Aradel is described as a resilient company that "adapts and reinvents itself for the future". The company is focused on providing energy solutions and considers itself a critical part of energy security in the nation. "Our focus remains on providing energy access to every community we live and operate in and beyond.
How will aradel contribute to Africa's energy transition?
Aradel will continue to expand in the oil and gas sector and develop new verticals to develop Nigeria and contribute to the energy transition in Africa. Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.
How does aradel holdings invest in gas?
Additionally, Aradel Holdings through its subsidiary, Aradel Gas Limited, has invested heavily in gas through its Gas Processing Plant. The Plant has enabled the Company to develop and monetise its abundant gas resources in the Ogbele Field, through gas supply to domestic and export markets.
What makes aradel a good company?
At Aradel, we believe that a robust and effective corporate governance approach ensures that the Company continually works to provide leadership and direction, set strategy as well as oversee its implementation to create sustainable value.